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Abed Al Fattah
Abed A. Fattah is a 59-year-old man who lives in Saida, southern Lebanon with his wife and their child. Abed A. Fattah has been selling clothes and working as a taxi driver since 1992. He requested a loan of 1500 US dollars from A. Majmoua in order to purchase merchandise for his shop and do some maintenance work on his taxi. This is his second cycle and he has always paid on time.

His previous loan helped him improve his clothing shop by diversifying his merchandise. Abed A. Fattah is speciA. in his work because he knows how to treat his clients. Abed A. Fattah is an active man who wants to improve his family’s income. His clients can be anybody from his region. When he first started his business, he didn’t have the startup capitA.. In the future, he plans on improving his businesses.

Additional Information

About Al Majmoua – Lebanese Association for Development

The Lebanese Association for Development – Al Majmoua is Lebanon’s leading microfinance institution and the oldest Kiva partner in Lebanon. Al Majmoua’s vision is to “be the leader in creating an inclusive financial system where all people in Lebanon have access to affordable services.” Given Lebanon's diverse population, Al Majmoua lends to all nationalities, provided legal residency. The strong financial position achieved to date has allowed Al Majmoua to steadily lower its pricing over the years.

Based on the belief that non-financial services play a complementary role in improving the quality of life of the most vulnerable entrepreneurs, Al Majmoua has established a solid Business Development Services program for both borrowers and non-borrowers with a focus on women and youth.

About Lebanon

  • $15,800
    Average annual income
  • 121
    View loans »
    Lebanon Loans Fundraising
  • $17,414,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Abed Al Fattah to purchase merchandise for his shop and do some maintenance work on his taxi.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 9, 2009
May 1, 2009
Currency Exchange Loss:
May 15, 2010